Tag: bail-in
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Ireland Is not Austria.
Remember when we guaranteed our banks? And we were told we had to honour that? The Promissory Note? remember?…. you had your blue jumper on ? Good. Keep reading…. Hypo Alpe Adria, a regional lender rescued by the Austrian government in 2009, and which has now sprung another, €800m black hole… and it is just…
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Bail-In Research
There is an interesting op-ed in the Irish Times today, from Stephen Flood of Goldcore. This is on foot of a research note which they have produced (introduced by yrs trly) on the state of play on Bail Ins (where depositors become part of the solution to bank recapitalization, a la Cyprus) across europe. The risk…
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Some thoughts on Europe, Banking and European Banking
Some thoughts on Europe, Banking and European Banking So I spent the last few days in Portoroz, on the Slovenian coast, at the 15th Portoroz Business Conference. My talk was on the future of banking post crisis. The slides are attached. Slovenia is facing a banking crisis, mostly down to crony capitalist lending to politically…